New Orleans Pelicans Cap Updates
June 30, 2025: The Pelicans signed Kevon Looney to two years, $16
| New Orleans Pelicans (15/15 + 2/3) | Salary | |
| 1 | Zion Williamson | $ 42,166,510 |
| 2 | Jordan Poole | $ 34,044,642 |
| 3 | Dejounte Murray | $ 32,785,071 |
| 4 | Trey Murphy III | $ 27,000,000 |
| 5 | Herb Jones | $ 14,898,786 |
| 6 | Bennedict Mathurin | $ 8,000,000 |
| 7 | Jeremiah Fears | $ 7,896,240 |
| 8 | Saddiq Bey | $ 6,557,080 |
| 9 | Derik Queen | $ 5,416,080 |
| 10 | DeAndre Jordan | $ 3,876,529 |
| 11 | Yves Missi | $ 3,512,760 |
| 12 | AJ Johnson | $ 3,237,120 |
| 13 | Bryce McGowens | $ 2,584,539 |
| 14 | Trendon Watford | $ 2,449,421 |
| 15 | Karlo Matkovic | $ 2,296,271 |
| Total Payroll | $ 196,721,049 | |
| Taj Gibson | $ 148,828 | |
| Dead Money | $ 148,828 | |
| Total Salaries | $ 196,869,877 | |
| Luxury Tax | $ 200,428,000 | |
| Total for Luxury Tax | $ 196,869,877 | |
| Luxury Tax Room | $ 3,558,123 | |
| Jordan Poole | $ 4,250,000 | |
| Dejounte Murray | $ 2,436,001 | |
| Saddiq Bey | $ 232,804 | |
| Unlikely Bonuses | $ 6,918,805 | |
| Apron Total (Salaries + Unlikely Incentives) | $ 203,788,682 | |
| First Apron (Hard Capped) | $ 209,015,000 | |
| First Apron Space | $ 5,226,318 | |
| Second Apron | $ 221,686,000 | |
| Second Apron Space | $ 17,897,318 | |
| Willy Hernangómez | $ 4,642,804 | |
| Brandon Boston | $ 2,449,421 | |
| Elfrid Payton | $ 2,449,421 | |
| Tony Snell | $ 2,449,421 | |
| Keion Brooks Jr. | $ 2,185,116 | |
| Gary Clark | $ 2,185,116 | |
| Jared Harper | $ 2,185,116 | |
| James Nunnally | $ 2,185,116 | |
| Josh Oduro | $ 2,185,116 | |
| Cap Holds | $ 22,916,647 | |
| Total Salaries + Cap Holds | $ 219,786,524 | |
| Salary Cap | $ 164,961,000 | |
| Cap Space | $ (54,825,524) | |
| Cap Space (Cap Holds Renounced) | $ (31,908,877) | |
| Cap Space (Maximized) | $ (29,709,456) | |
| Two-Way | Malik Dia | Year 1 |
| Jaron Pierre Jr. | Year 1 | |
| Expiration | Exceptions | Value |
| 4/11/27 | Non-taxpayer Mid-Level | $ 7,044,000 |
| 4/11/27 | Bi-Annual | $ 5,477,000 |
| 9/8/27 | TPE (Jordan Hawkins) | $ 7,021,895 |
| 2/5/27 | TPE (Jose Alvarado) | $ 4,500,000 |
| Player | Waivable Salary | Protection |
| Watford | $2,449,421 | $ 250,000 |
| Year | First-Round Picks | Trade-eligibility |
| 2027 | Favorable of Own/MIL | Yes |
| 2028 | Own | Yes |
| 2029 | Own | Yes |
| 2030 | Own | Yes |
| 2031 | Own | Yes |
| 2032 | Own | Yes |
| 2033 | Own | Yes |
| 7 over next 7 drafts | Up to 4 | |
| Year | Second-Round Picks | Trade-eligibility |
| 2027 | Second favorable of OKC/HOU/IND/MIA | Yes |
| 2028 | ||
| 2029 | ||
| 2030 | Lesser of Own/ORL | Yes |
| 2031 | ||
| 2032 | Lesser of Own/MEM/PHI/UTA | Yes |
| 2033 | Own | Yes |
| 4 over next 7 drafts | Up to 4 | |
| Total Cash | Cash Paid | Remaining |
| $8,495,000 | $0 | $8,495,000 |
| Total Cash | Cash Received | Remaining |
| $8,495,000 | $0 | $8,495,000 |
June 30, 2025: The Pelicans signed Kevon Looney to two years, $16